KEY PROBLEM 1 Suppose a candy company roaster producing generic suckers (measured by Q) has the following cost function: C(q) = 1 3 1 2 q − q + 3q + 180 1500 15 A i) Using the cost function‚ set-up functions to demonstrate the following costs: a) Fixed costs b) Variable costs c) Average fixed costs d) Average variable costs e) Average total costs e) Marginal cost of production Fixed Costs = FC(q) = 180 Variable Costs - VC(q) = 1 3 1 2 q − q + 3q 1500 15 AFC(q)
Premium Marginal cost Costs Economics
ECOM210 Final Exam Study Guide YOU MAY WANT TO PRINT THIS GUIDE. 1. The Final Exam is open book‚ open notes. The maximum time you can spend in the exam is 3 hours‚ 30 minutes. If you have not clicked the Submit for Grade button by then‚ you will be exited from the exam automatically. In the final exam environment‚ the Windows clipboard is disabled‚ so you will not be able to copy exam questions or answers to or from other applications. 2. You should click the Save Answers button in the exam frequently
Premium Electronic commerce
) Big Fizz Co.‚ a manufacturer of cola-flavored drinks‚ wants to add packaged fruit juices to its existing product line. Big Fizz must make some decisions regarding packaging and branding the fruit juices. These decisions would fall under which variable of the marketing mix? A. Product 2) Hewlett-Packard sells personal computers through specialty computer stores‚ electronics superstores‚ and its own Internet site. What is the marketing mix variable that is being considered here? D. Place
Premium Marketing
TCO D) PuttingPeople2Work has a growing business placing out-of-work MBAs. They claim they can place a client in a job in their field in less than 36 weeks. You are given the following data from a sample. Sample size: 100 Population standard deviation: 5 Sample mean: 34.2 Formulate a hypothesis test to evaluate the claim. (Points : 10) Ho: µ = 36; Ha: µ ≠ 36 Ho: µ ≥ 36; Ha: µ < 36 Ho: µ ≤ 34.2; Ha: µ > 34.2 Ho: µ > 36; Ha: µ ≤ 36 Ans. b. H0 must always have equal sign‚ <
Premium Standard deviation Normal distribution Sample size
ANSWER ALL QUESTIONS QUESTION 1 (23 MARKS:41 MINUTES) A. Evidence comes in various types and has different degrees of reliability. Following are some statements that compare various types of evidence. a. A bank confirmation versus observation of the segregation of duties between cash receipts and recording payment in the accounts receivable subsidiary ledger b. An auditor recalculation of depreciation versus examination of raw material requisitions c. A bank statement included
Premium Invoice Balance sheet Auditing
1. Reducing consumer choices makes service more efficient. TRUE 2. Product failures can be easier to remedy with modular design. TRUE 3. A service blueprint is quite similar to an architectural drawing. TRUE 4. Applied research is the major R&D effort of business organizations because of the desire for commercial application. TRUE 5. Life-cycle assessment involves incorporating where the product or service is in its life-cycle into system-design decision-making
Premium ISO 9000 Arithmetic mean Control chart
Dr. Hortencia Jimenez Ethnic Studies: 1 17 December 2013 Final Exam Immigration trends of recent decades have dramatically altered the statistical composition and popular understanding of who is an Asian American. This transformation of Asian America‚ and of America itself‚ is the result of legislation such as the McCarran–Walter Act of 1952 and the Immigration and Nationality Act Amendments of 1965. The McCarran–Walter Act repealed the remnants of "free white persons" restriction of the
Premium Asian American
Fin-6313 summer 2013 Global Corporate Finance MULTIPLE CHOICE b 1. Over time‚ the primary main reason for U.S. multinationals to produce outside the U.S. has been to? a) lower costs b) respond more quickly to the marketplace c) avoid trade barriers d) gain tax benefits a 2. The main intent of the multinational organization is to? a.) maximize shareholder wealth b) maximize world production c) minimize
Premium Foreign exchange market Bretton Woods system Inflation
MGMT 102 Sample questions (1-10) 1. Briefly describe any one of the communication models discussed in the textbook and/or lecture Lasswell’s (1948) model describes communication as a one-way transmission of messages. The model shows the ‘who’ as the ‘source’‚ the ‘what’ as the message‚ the ‘how’ as the channel‚ the ‘whom’ as the destination and the ‘effect’ as the outcome. 2. Describe three of the of the tests you can use to enable ethical decision-making Are we rationalising: Identify
Premium Emotion Culture Communication
Development Winter 2014 Final Examination — with answers Student Name Student Number Foundations of Mathematics CMSC 000 Lecturer: G. Brown Date: Time: 17 April 2014 3 hours INSTRUCTIONS: This is a closed book examination. Give your answers in the exam booklet. You are permitted non-electronic translation dictionaries only. Handheld devices capable of storing text are NOT permitted. Calculators are permitted. Only noiseless non-programmable calculators are permitted. This exam consists of 20 questions
Premium Algebra Mathematics Addition